Abstract
Today’s supply chain managers are facing plenty of risks due to uncertainties of inbound supplies. Buyer must learn how to mitigate those unexpected risks. In this study, we explore supply risk management via structural, relational, and cognitive approaches from a buying firm’s perspective based on the social capital theory. We also propose that the three forms of social capitals are positively related to buyer–supplier performance improvements. Consequently, the performance improvement of buyer–supplier will positively influence the innovation performance.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Acquaah M (2006) The impact of managerial networking relationships on organizational performance in Sub-Saharan Africa: evidence from ghana. Organiz Manage J 3:115–138
Adler PS, Kwon SW (2002) Social capital: prospects for a new concept. Acad Manage Rev 27:17–40
Carey S, Lawson B, Krause DR (2011) Social capital configuration, legal bonds and performance in buyer-supplier relationships. J Oper Manage 29:277–288
Cheng TCE, Yip FK, Yeung ACL (2012) Supply risk management via guanxi in the Chinese business context: The buyer’s perspective. Int J Prod Econ 139:3–13
Cousins PD, Handfield RB, Lawson B, Petersen KJ (2006) Creating supply chain relational capital: the impact of formal and informal socialization processes. J Oper Manage 24:851–863
Cummings T (1984) Transorganizational development. Res Organiz Behav 6:367–422
Frohlich MT, Westbrook R (2001) Arcs of integration: an international study of supply chain strategies. J Oper Manage 19:185–200
Govindan K, Kannan D, Haq AN (2010) Analyzing supplier development criteria for an automobile industry. Ind Manage Data Syst 110:43–62
Hahn CK, Watts CA, Kim KY (1990) The supplier development program: a conceptual model. Int J Mater Manage 26:2–7
Hughes M, Perrons RK (2011) Shaping and re-shaping social capital in buyer-supplier relationships. J Bus Res 64:164–171
Inkpen AC, Tsang EWK (2005) Social capital, networks and knowledge transfer. Acad Manag Rev 30:146–165
Jap SD, Anderson E (2003) Safeguarding interorganizational performance and continuity under ex post opportunism. Manage Sci 49:1684–1701
Johnston DA, Mccutcheon DM, Stuart FI, Kerwood H (2004) Effects of supplier trust on performance of cooperative supplier relationships. J Oper Manage 22:23–28
Koka BR, Prescott JE (2002) Strategic alliances as social capital: a multidimensional view. Strat Manage J 23:795–816
Krause DR (1997) Supplier development: current practices and outcomes. Int J Purchasing and Mater Manage 33:2–19
Krause DR, Ellram LM (1997) Critical elements of supplier development. Eur J Purchasing and Supply Manage 3:21–31
Krause DR, Handfield RB, Tyler BB (2007) The relationships between supplier development, commitment, social capital accumulation and performance improvement. J Oper Manage 25:528–545
Lamming RC (1993) Beyond partnership: strategies for innovation and lean supply. Prentice-Hall, London
Lawson B, Tyler BB, Cousins PD (2008) Antecedents and consequences of social capital on buyer performance improvement. J Oper Manage 26:446–460
Nahapiet J, Ghoshal S (1998) Social capital, intellectual capital, and the organizational advantage. Acad Manage Rev 23:242–266
Tsai W, Ghoshal S (1998) Social capital and value creation: the role of intra firm networks. Acad Manage J 41:464–476
Tsai YH, Joe SW, Ding CG, Lin CP (2012) Modeling technological innovation performance and its determinants: an aspect of buyer-seller social capital. Technological forecasting and social change. http://dx.doi.org/10.1016/j.techfore.2012.10.028. Accessed 24 March 2013
Villena VH, Revilla E, Choi TY (2011) The dark side of buyer-supplier relationships: a social capital perspective. J Oper Manage 29:561–576
Woolcock M (2001) The place of social capital in understanding social and economic outcomes. Canadian J Policy Res 2:11–17
Zsidisin GA, Ellram LM (2003) Managerial perceptions of supply risk. J Supply Chain Manage 39:14–25
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2013 Springer Science+Business Media Singapore
About this paper
Cite this paper
Praharsi, Y., Dioquino, M.L.A., Wee, HM. (2013). Supply Risk Management via Social Capital Theory and Its Impact on Buyer’s Performance Improvement and Innovation. In: Lin, YK., Tsao, YC., Lin, SW. (eds) Proceedings of the Institute of Industrial Engineers Asian Conference 2013. Springer, Singapore. https://doi.org/10.1007/978-981-4451-98-7_66
Download citation
DOI: https://doi.org/10.1007/978-981-4451-98-7_66
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-4451-97-0
Online ISBN: 978-981-4451-98-7
eBook Packages: EngineeringEngineering (R0)